Global Healthcare Insurance Market Executive Summary
Any medical costs incurred during the treatment of a sickness, injury, or other mental or physical impairment are covered by health insurance. The provision of healthcare benefits serves as compensation in exchange for a monthly, semi-annual, or annual premium or payroll tax. Up until the policy's coverage and duration, the insurer is required to pay the policyholder's medical costs. The range may differ depending on the insurance for a number of things, including diseases, age groups, governmental laws, and others.
Market Size and Key Findings
The Global Healthcare Insurance market size is at around US $ xx Bn in 2021 and is projected to reach US $ xx Bn in 2030, exhibiting a CAGR of xx% during the forecast period.
Global Healthcare Insurance Market Size (In USD Bn)
(2021-2030F)
Market Dynamics
Market Growth Drivers Analysis
Diabetes, cancer, and dengue fever were among the illnesses that saw an increase in cases during the COVID-19 pandemic. This is believed to have profoundly influenced the expansion of the world health insurance market. Better claim administration services and raising health insurance knowledge in rural areas are two other major market growth factors.
Market Restraints
However, some of the reasons that restrict the health insurance market opportunity include a lack of awareness of the coverages included in health insurance policies and an increase in the cost of health insurance premiums.
Competitive Landscape
Key Players
The key players operating in the health insurance market such as Aetna Inc., AIA Group Limited, Allianz, ASSICURAZIONI GENERALI S.P.A., Aviva, AXA, Cigna, Ping An Insurance (Group), Ltd., United Health Group, and Zurich. These players have adopted various strategies to increase their market penetration and strengthen their position in the health insurance industry.
TABLE OF CONTENT
1. Report Description of the Global Healthcare Insurance Market
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Global Healthcare Insurance Market Executive Summary
2.1 Global Healthcare Insurance market – Industry Snapshot & key buying criteria, 2021-2030
2.2 Market Size, Growth Prospects, and Key findings
3. Market Dynamics of Global Healthcare Insurance Market
3.1 Market Growth Drivers Analysis
3.2 Market Restrains Analysis
4. Global Healthcare Insurance Market Segmentation
4.1 By Provider
4.1.1 Public
4.1.2 Private
4.2 By Coverage Type
4.2.1 Life Insurance
4.2.2 Term Insurance
4.3 By Health Insurance Plan
4.3.1 Health Maintenance Organization (HMO)
4.3.2 Preferred Provider Organization (PPO)
4.3.3 Exclusive Provider Organization (EPO)
4.3.4 Point of Service (POS)
4.3.5 High Deductible Health Plan (HDHP)
4.4 By Demographics
4.4.1 Minors
4.4.2 Adults
4.4.3 Seniors
4.5 By End User
4.5.1 Individuals
4.5.2 Corporates
5. Global Healthcare Insurance Market Share
5.1 Market Analysis, Insights, and Forecast – By Revenue
6. Competitive Landscape
6.1 Major Top Market Players
7. Key Company Profiles
7.1 Company 1
7.1.1 Overview
7.1.2 Financial Performance
7.1.3 Product & Services
7.1.4 Strategic initiatives
7.2 Company 2
7.2.1 Overview
7.2.2 Financial Performance
7.2.3 Product & Services
7.2.4 Strategic initiatives
7.3 Company 3
7.3.1 Overview
7.3.2 Financial Performance
7.3.3 Product & Services
7.3.4 Strategic initiatives
7.4 Company 4
7.4.1 Overview
7.4.2 Financial Performance
7.4.3 Product & Services
7.4.4 Strategic initiatives
7.5 Company 5
7.5.1 Overview
7.5.2 Financial Performance
7.5.3 Product & Services
7.5.4 Strategic initiatives
8. Healthcare Policies and Regulatory Landscape
8.1 Healthcare Policies in Global
8.2 Regulatory Framework in Global
8.3 Pricing & Reimbursement Scenario in Global Healthcare Insurance Market
9. Factors Driving Future Growth
9.1 New Trends and Development Global Healthcare Insurance Market
9.2 Future Opportunities
10. Strategic Recommendations
Segmentation
Healthcare Insurance Market Segmentation
By Provider (Revenue, USD Billion):
It mainly includes healthcare insurance that provides safety against the increasing cost of medical treatments and in case of health emergencies such as critical illnesses. Hence, it is the best way to safeguard medical expenses.
Public
Private
By Coverage Type (Revenue, USD Billion):
In terms of sales and market share, it is anticipated to rule the market over the projection period. This is explained by a number of benefits provided by life insurance, including guaranteed death payout and permanent coverage. Additionally, investing in these kinds of plans enables working professionals to save taxes
Life Insurance
Term Insurance
By Health Insurance Plans (Revenue, USD Billion):
Health Maintenance Organization (HMO)
Preferred Provider Organization (PPO)
Exclusive Provider Organization (EPO)
Point of Service (POS)
High Deductible Health Plan (HDHP)
By Demographics (Revenue, USD Billion):
Minors
Adults
Seniors
There is a high prevalence of lifestyle disease in the adult population that can increase health risks in the future. The population is more prone to cardiac and other diseases that require hospitalization. Healthcare insurance plans for seniors are more of a necessity, especially in the case of retirement. Also, it carries various advantages such as no medical screening before buying plans, includes coverage of the outpatient department, and provides the benefit of fee annual checkups along with lifetime renewability.
By End-user (Revenue, USD Billion):
Individuals
Corporates
A large number of people buy individual health plans as they are also customizable. Also, it gives more control over deductibles, co-pays, and benefits limits and is not dependent on employment status.
Methodology
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